Censorship. That’s probably the worst word you can hear in the blockchain space. But it’s happening on Ethereum. More than half of the blocks on the Ethereum network appear to be excluding transactions from wallets sanctioned by U.S. regulators, according to data from MEV Watch.
This matters because public blockchains like Ethereum are supposed to be permissionless: open to everyone, anywhere in the world. These decentralized and distributed networks with no central authority or third-party i ntermediaries are supposed to be the antidote to state and corporate censorship. But that stops being the case when Ethereum validators are excluding certain wallet addresses to comply with U.S. regulations.
